AUDUSD is anticipated to experience an upward trajectory in the near future. The price recently reached a crucial support level at approximately 0.6400, and subsequently, the market exhibited a notable surge in momentum.
This positive price action suggests a potential bullish trend in the making. Traders and investors can reasonably expect the price to ascend towards the prominent resistance zone between 0.6700 and 0.6740, where a trendline convergence may offer significant trading opportunities.
AUDUSD BUY 0.6430
TP1 - 0.6700
TP2 - 0.6740
SL - Join Our Channel
This positive price action suggests a potential bullish trend in the making. Traders and investors can reasonably expect the price to ascend towards the prominent resistance zone between 0.6700 and 0.6740, where a trendline convergence may offer significant trading opportunities.
AUDUSD BUY 0.6430
TP1 - 0.6700
TP2 - 0.6740
SL - Join Our Channel
Trade active
bought @0.6430Note
+20 pips in profit from entry.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.